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: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >> all his guys, or in some cases, his women. lou: do you know who's on the list? >> i don't know the names on the list, but the people on the list, i'm told, were completelyignored -- completely ignored, and clinton learned that none of his people were even vetted or given serious consideration. clinton then learned, as we all did, that barack obama had reid appointed, wasserman-s crarks hulz, his woman, his lady, to the chair of the democratic national committee. what did he do? clinton phoned the president wants to complain about this and speak to the white house. speak to the president. the white house did not put his call through, and he never heard from the president for 24 ho
right. by the way president obama who is a former -- i'll give him former -- >> former pothead for the president. >> bill: he knows that smoking pot is not a dangerous practice. all right. we're still on our central question about i think the president decided and i helped, with your help, reinforce that last night. i think he's decided to hold the line, to let the country go over the cliff. to let all of the tax rates go up rather than give the 2% a special, continued bonus. there is some risk involved is. it worth taking that risk. charlie is down in boynton beach, florida. good morning. >> caller: good morning, bill. first off merry christmas to you. >> bill: early merry christmas back at you. not so early. i've been to three holiday parties already. or christmas parties. >> caller: anyway, i wanted to let you know -- the point of the matter is this, i'm going to go over the cliff because i'm sec and tired of the rich always getting richer and the poor getting scriewnd the middle class getting screwed of w
% of hispanics voted for president obama. and right now this study is very good news for democrats. >> trace gallagher thanks. >> they are tracking everything we do. they are in the skies. they are everywhere. and now a digital advertising company is agreeing to end a practice called history sniffing. after the feds told him to knock it off. the company is called epic market place. and what it reportedly did was install tracking software secretly on your computer. that software then gathered data about the websites you visited. and it sent that data back to the company. epic market place used it to target advertisements without consent of any kind. if you went on-line to look at websites on bankruptcy for instance, the company in theory knew that's what you were doing and knew about your possible money problems and not necessarily illegal, but it does raise privacy concerns that they will not tolerate. so they found one way that they watch everything we do. sud -- suddenly they don't want it to hoop. don't want it to happen. >> i applaud them to find this one small way they are tracked on-li
of women's rights -- the champon of women's rights? >> the obama administration and the left in the country believe so much that the muslim brotherhood is a very moderate movement, and the leader morsi is a very moderate statesman. this is why they do not believe that implementing the law will oppress women in egypt. it's like burying their heads in the sand, refusing to accept reality, and admit that everything that they believed about the muslim brotherhood and morsi is a lie. for them to admit that, it will force them to come up with different solutions to what we're facing in egypt, and they're not ready to face it. >> and we're funding them. that's another side. abbas, let me go to you. you have morsi. first the muslim brotherhood said they weren't going to run, and they ran. they got into power, targeting israel first, declaring them the number one enemy. now morsi is taking over the military and implementing shria law. will this be good for the egyptian people. >> shawn sean, we're going throa revolution in egypt. in a revolution the old regime gets purged. he took out the old cronie
. i could have asked for a bailout. i could have gotten an obama phone, obama bucks. all right. mr. speaker, great to see you. >> good to be with you. >> sean: congratulations on the success of the book. good to see you in studio. >>> coming up, we'll continue to monitor the perilous situation in syria. there are reports that at any moment the government may release sarin gas on its own people. stay with us as we continue to follow those stories. coming up next, ann coulter is here. what are her thoughts about the fiscal cliff gloarkses and are republicans handling it correctly? last night we played the cartoon vilifying successful americans. our cameras confronted the man who narrated this, ed asner. we'll get his take on whether he's still in favor of this anti-rich people agenda. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. sven gets great rewards for his small business! how does this thing work? oh, i like it!
, call it meet the family. right now president obama is at a home of a middle class family in northern virginia trying to put a face on what he says are the everyday americans who will greatly suffer in republicans don't cave on increasing taxes for the wealthy. we'll have the latest on where talks stand right now, and nbc's first read team says there is a deal in sight, but the question is, how big? joining me live, ohio congresswoman marcy capfor and new jersey congressman bill pass criminal. he tim geithner says the obama administration is compared to go over the cliff if taxes on the wealthy don't something up. it's our "news nation" gut check. do you agree? [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor.
coronation, obama the king. he's acting in many ways like he is anointed. all right. thank you, brian maloney. radio equalizer. appreciate you being with us. >> thank you, sean. >> sean: let not your heart be troubled. why, because greta has a great show. she's standing by to go on the record. an cowann co coulter and newt gh are among the guests. greta, take it away. >> this is a fox news alert. those are protests outside egypt's presidential palace and they're turning violent. more than 100,000 protesters clashing with police. protesters calling it their last warning to the new egyptian president. president morsi fleeing the pals in the middle of this chaos. grn record jacob lippencot is in cairo with the latest. what's going on? >> reporter: the violence tonight was relatively claim between anti-morsi protesters and police over the last few years. the crowds were huge and demonstrate once again the ability of the opposition secularists and the ruling islamists to bring out huge crowds of supporters. two days ago a peaceful islamist protest shuf shut down the supre court. it
a great night. we'll see you right back here tomorrow. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning y
obama is targeting gun rights in the second term. a little later, china great wall of cash is revitalizing the struggling u.s. housing market. but is that a good thing? we'll investigate. >> special olympics. >> in a worthy cause, i tackle my fear of heights for the special olympics. each week they use the headquarters as profiles people helping people and we will introduce you to a special athlete. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >> shannon: egyptian president mohammed morsi set a date for draft constitution, but the draft is hanging in legal limbo. the highest court is postponing its ruling on the legitimacy of the assembly that wrote it because they fear the protest happening near the court. opposition groups continue to protest morsi's power grab while supporters are protesting action by the court. come thursday, adults in washington state wil
room" begins right now. >>> happening now, president obama says we're out of time for anything but a down payment for solving the nation's spending crisis. >>> amid fears, the government may resort to chemical weapons, nato says yes to turkey to giving them patriot missiles. we'll talk to the former british prime minister, tony blair. >>> as they await a new heir to the throne, the british consider changing the rules about who can become king or queen. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama's latest ideas for getting past the standoff with house republicans. he now says there isn't enough time left to do a comprehensive deal, including tax reform, fixing medicare. so he wants congress to raise tax rates for the wealthy right now and putting off the hard work to next year. they have 28 days left to make a deal before the country hits what's called the fiscal cliff. that's a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. let's go li
that same thing or something like it. what we have right now with president obama's action is a temporary measure. we need something permanent and this is always -- this has always been an issue that we needed to deal with in a humane rational way and if f this bill represents the place to start, that's great. >> suarez: well ear about to make a career move, a move for the people of your state. one thing voters said consistent through twelve was that they didn't get a sense that congress was getting much done. do you have optimism that the next congress is going to be different from this last one? >> i do. mostly because we have to. we're at a point on the fiscal issues where we actually have to reach an agreement and perhaps if we do so in this lame duck session or early the session then maybe than will set the stage for other areas as well. we've got to on the regulatory front deal with these issues in a partisan way as well. i'm anxious to get started there and hopefully we can. >> suarez: arizona's senator elect jeff flake, thanks for joining us. >> thanks for having me on. >> brown:
on the top two rates. it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the obama administration is reportedly considering deeper intervention there. this morning's "new york times" says no decisions have been made. but several options are being looked at, including providing arms to anti-government fighters. a decision on whether to deploy surface-to-air missiles in neighboring areas is likely next week. >>> and a major milestone is expected at the u.n. today, when the general assembly votes to give statehood to the pal
increases. it's noted that the democrats have celebrated the proposal put out by president obama. meanwhile, you have a number of republicans slamming speaker boehner. how would you describe his position right now? >> well, he really didn't win for losing. he's trying to say to president obama if i wanted topaz your proposal i can't do it. he's really truly between a deal and promise and getting the fight over with and a conference that won't allow it. i think what senator demint is saying and house republicans are saying to john boehner is, let's go over the cliff. that we can live with the sequester and we absolutely will not raise tax rates no matter what. what that does is eliminate all of the tax cuts and then there's a new fight in january to push obviously by the democrats to restore tax cuts for 98% of americans. and then that will be muddied by the need for a debt ceiling increase and the fight goes in to february. it's government at the brink all the time. we don't know how the markets and the credit rating agencies will react. probably be bad ybut i think that's what you hear con
's hands has without us doing anything and that's a major prlem in a security issue for the obama administration. >> warner: you were telling me before we came on that you'd seen another video that also suggests that. tell us about that. >> that's right. there was a video released a few days ago in which -- in the video it was an organization fly a black flag, clearly something jihadist saying to europeans and americans "we don't need you, we have these weapons, we'll do it on our own." so our worst nightmare through neglect seems to be coming true in syria. >> warner: quickly, how close is the u.s. to changing its policy at all from what you've been able to discern? >> i think it is on terms of recognizing the government in exile which we -- was formed in doha. in terms of arming the opposition, i'm not sure. it might be something that's been debated to death. there's no action out of the obama administration. we were hoping it was going to happen earlier, it didn't happen and it seems now that the people -- the jihadists and salafists have the arms now including shoulder-fired a
, joe -- i mean, i feel -- this may be partisan -- i feel obama's got a little bit of an edge right now in this game. he's got field position over these guys. >> listen, you look at every poll, and the republicans are getting absolutely hammered. 2-1 in the poll we showed yesterday. today, again, another poll out showing that the democrats and the president are in a much stronger position. and the president could stiff-arm the gop, and he would win politically. but as you said, this is the issue of his second term. this defines his second term. and if he is defined as a guy that can't find the middle ground, that at the end of the day can't strike the deal, historians aren't going to go after eric cantor. >> right. >> and, you know, a subcommittee chairman. they're going to remember barack obama as a man who couldn't follow through on his grand promise of 2004 and 2008. so yeah, he could win politically, but the costs, don't you agree, would be tremendous, not only to him, but to the economy and to our country. >> well, i agree. i guess i don't know, if you have a group of people basica
. >>> coming up, what went right for the obama campaign? we don't usually ask that question a whole lot around these parts, but straight ahead, new revelations on what david axelrod himself found surprising about the way 2012 turned out. details on that after the break. this is msnbc. why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. t
for president obama, and for the american economy. >> so right. does this come down to political opinion? is that going to be the sway factor? and if so, where is the political opinion? who gets that vote? >> polls in the united states show that raising taxes on the wealthy is an attractive proposition, a popular proposition. this might come down to december 28th or december 29th, december 30th where both sides are still locked in their corners and one side has to give. now, president obama ran his campaign on raising income rates, raising marginal income tax rates on americans. so he's perceived to have the upper hand in this debate. there's no question about that. john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show th
't plan right now, don. >> thank you. appreciate it. >>> up next, president obama face to face with a guy that tried to take his job. we are learning more about the closed-door meeting between the president and mitt romney. >>> plus, we're following breaking news out of syria right now where the internet is out and fighting over the airport in damascus escalating right now. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! social security are just numbers tthinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal
up. all right? that doesn't make sense. >> reporter: mr. obama's opening bid includes $1.6 trillion in new revenue, about half coming from higher rates for the wealthy. 600 billion in cuts to domestic programs like medicare. and 50 billion in new infrastructure spending. when treasury secretary tim geithner went to the capitol and laid out the plan for a senate republican leading mitch mcconnell, aides on both sides said mcconnell burst out in laughter. with talks now entering the final month, house republicans offer add more somber assessment. >> we're not interested in playing rope a dope. >> it was not a serious proposal. and so right now we're almost nowhere. >> reporter: so alex the clock is ticking. the president's public campaign trying to pressure john boehner, eric cantor and their charges in their house republican conference continues. he meets with governors this week here at the white house to talk about this time and more meetings with ceos, this is in the form of the business round table, a business lobbying group. >> being almost nowhere right now with just a month to
for work right now who wish they had a no layoff clause. >> reporter: to get these cranes and containers moving again, the nation's largest retailers' group has asked president obama t help end the strike. a 2002 labor dispute here ended only when president bush ordered the docks reopened after ten days, and that one, scott, cost the economy $15 billion. >> pelley: john, thank you. there is nothing stopping a pacific storm that is headed to the coast. this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke through a few hours ago, but there still is a danger of flooding and mudslides through the weekend. more than half a foot of rain fell on northern california today. 40 mile per hour gusts have already knocked out power and toppled trees in san francisco. >> thankfully this didn't hurt anybody but it could be a lot worse. >> staying dry. >> thanks to you. >> where are you staying ton
was the point of the piece? i know there's hand wringing out there, maybe the folks on the right say under obama our taxes have gone up and we may more in taxes than we've ever paid and attempt to say, we're not-- >> this is long-term by the president and his allies to create an intellectual justification to raise taxes and in this case, they use the reagan years and often went back to times after world 2, where we were the only big kind of big, healthy industrial economy to say look, we grew then. and again, the point is that we're in a slow growth economy, high unemployment economy, a more competitive world thanks in part to our policies of the past, we need to compete and the highest corporate tax rate in the world, what america has is not the way to be competitive. >> to make the argument we've made is to raise taxes and revenues and approach the fiscal cliff and argument from small businesses and others, if you increase our rate, we're either going to have to layoff individuals, not going to hire anybody else right now, and so, therefore, this economy that's already stalled is not going to
of people who elected me and others to have the right to offer amendments and to have unlimited debate on the senate floor. you know, it is interesting when president obama was a senator and republicans were thinking about using this, he said, oh, no, it is terrible, it would destroy the institution and would hurt the country. same thing when senator biden was a senator spoke against it. when harry reid was in the minority he was against it. now they're in the majority. seems like a power play. i think you shouldn't break the rules which is only thing they can do, because they don't have votes to change the rules. you should not break the rules to changehe rules. melissa: from here it is so rd for us to tell how close we're getting to a deal or not. we have our own "money" meter which is scale one to money, what is likelihood a deal gets done. what do you think? what is the likelihood? >> i think it is closer to money than to your ds of winning the powerball but we're not done, we're not quite there yet. melissa: what do you think? ve it like a four? >> yeah. melissa: you think four? t
, this is a woman. absoluly right. she raised $7 million for the obama campgn which certainly gets you consideration, but a won his magaziie featred one ofhe most worst villains in the world at preent inher magazine. diplomacy and bogor don't go handn hand. melissa: and if there's anything weave learned it is so important our diplomats are. this is animportant choice. this is not like a tree to be ven away. and noit has in the past everyone is making the point when george w. bush did this. it is not okay for anyone. >> in the past for previous presidents, and did you all di this. go to big donors, but the good people who have some diplomatic experience or business perience to know how t operate in the world. melissa: or who are friendly. i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thi
cliff. president up obama has taken to twitter answering fiscal cliff questions right now. looking to drum up support for his tax hike on the wealthiest americans. rich edson is in d.c. with the latest. rich? >> well, that a meeting with state governors tomorrow and nothing on the public schedule with congressional leaders. negotiators are stuck on the administration's last proposal. 1.6 trillion in tax increases. 600 billion in spending reforms and more stimulus spending. republicans call it a joke. the white house says republicans need to step up with a plan. >> i would simply redirect that question to republican leaders who do this date have no put forward any proposal how they would achieve revenues, how they would address the issue that rates have to rise on the top 2%. >> house speaker john boehner says republicans are willing to discuss revenue increases through tax reform. the administration says they're open to tax reform as well but they want an immediate tax rate hike on wealthy americans. with only a few weeks left until hundreds of billions of automatic spending cuts a
seems to have the leverage right now, craig, and whether it was president obama's re-election, whether it's some of the republicans like the sound you actually played from tom cole who seems to be going to the white house position, the bush tax cuts should be extended for the middle class, but for the middle class only. so the white house by creating all these big demands including more tax revenue, but also saying, hey, congress, we want to take away your power on the debt ceiling limit to have all these asks that tim geithner apparently made was basically to make republicans cave on the one thing the white house really wants, and that is to decouple the bush tax cuts for the middle class and the wealthy. >> do you think the white house has done a good job explaining that every american will get a tax cut on their first $250,000 of income? >> that's a great question and president obama made that in his remarks today. he's actually been making it in the past. and it is actually something that we as journalists haven't done a very good job pointing out. that even if you are a billionair
that are going to take place right now. i mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president obama. >> greta: well, it appears to many in the city that it's politico check mate for the president. if we go over the fiscal cliff, what it means is the taxes will go up on the wealthy, the big earners. it also goes up on the middle class. i assume the middle class will look to the rawp republicans foe fact that their taxes come up so political check mate. >> i'm not so sure. president obama could avoid that very simply by putting maybe two or three to one expenditure reductions on the table for revenue increases, something like sim responsibl simpson bow. he has a formula given to him by a commission he appointed and heted that formula and presented to the republicans a program which was basically just a massive tax increase over and above the massive tax increase that's going to take place with the bush tax cuts expiring, so i don't see where there's -- he hasn't given them room to compromise. mayb
, it will not lead to a veto to block those moves. so, the obama administration not willing to go to the map right now to try to get those prisoners moved. >> different rules when you're a detainee at gitmo compared if you were brought to ft. leavenworth in the united states. >> they have to be kept separate from u.s. prisoners. they have to make accommodations for these report and the report states they are not ready to do it right now, but maybe they could be later on. >> the presidential promise four years ago during the campaignca. he would shut down gitmo during his first year in office. tough one to keep. >>> we'll go back to the west bank where the celebrations are continuing right now after the historic united nations vote. you're looking at live pictures from ramallah on the west bank. politicians celebrating a new status at the u.n. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus
. >> a fox urgent and news developing right now. the white house has just informed us president obama called egypt's president today to express what the white house called deep concern over the deadly protests in cairo overnight. the white house says president obama praised the egyptian president mohammed morsi for offering to meet with his opponents this weekend but said that dialogue should come without any preconditions. one opposition group is already turning down that offer. here is how it is going over in cairo. [chanting] shch shep protest hers back on the street this overnight. military sealed off the presidential palace with tanks and bausched wire after the worst violence since president morsi took office in june. [explosions] 700 dead and 600 hurt after battled outside the very presidential palace. police say the two sides threw rocks and fire bombs at each other. the protesters say they are outraged that the president in essence put himself above the law last month. president morsi helped negotiate the cease-fire between israel and hamas he is in charge of enforcing that agreemen
business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president ob
these municipalities? >> there is no mention so far. but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit is bankrupt. other cities have declared bankruptcy. they are gone. it's debatable whether those union pensions are in pact paid. if you are looking over the cliff, the municipal debt and the state debt cliff, you are right on the edge of serious problem for states and cities all across the country. detroit has said we are talking bailout. that's a huge question. martha: stuart, thank you. it seems like we are standing on a plateau and there are cliffs all around. in 2011, 13 cities filed for bankruptcy. that's the highest annual level we have seen in 20 years. nearl
44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year
and your losers, wind and resorts, we were just talking about those casinos. we will be right back. ashley: president obama digging deeper on its fiscal cliff stopped earlier today saying we won't cut our way out of this deficit and it starts with raising tax rates on the wealthy but my next guest says this rhetoric could drive us right over that cliff. joining me now is douglas holtz-eakin, former director of the congressional budget office. and it -- you know your numbers, we know the fiscal cliff is going to have a huge impact if we go over it on this economy. before we get into the details are we in real danger of doing that? >> absolutely. this is an enormous heights in taxes, big cuts in spending, a hit to gdp that is 4% when we're growing and one.5, all the makings of a real problem and of fallout on consumer confidence will be severe. i think going over the cliff is unthinkable and something we should not contemplate. ashley: but the fundamental difference is the democrats say we have got to raise taxes on the top 2%. republicans putting forward their proposal saying revenue can be
are requesting, what the heck is going on with the house and president obama. >> didn't we learn in 2011, where the government seemed less stable and our triple-a rating went down to a double-a rating and right now, john thune was right, it takes time to bush legislation through and we can't have a deal cut on christmas eve. >> is this brinksmanship on behalf of the president and time geithner, his treasury secretary, in terms of what the dems are now offering congress? >> no, i think the president has made a riegsal offer and of course, it's an opening offer, but that silence is deafening for the republicans, for the republicans' response. their political lemmings getting ready to go off the fiscal cliff and rather do that and not violate the no tax pledge they made to grover norquist than to move the ball forward and resolve this for the american people. >> is it really about that, angela and dick, is it really about the pledge that was made to grover norquist, no new taxes? we hear eric cantor saying no new taxes and we know that the dems want to have taxes on the wealthy and also know that
's a scrooge christmas. >> i mean, it was not a serious proposal. so right now we are almost nowhere. >> president obama accusing republicans ever being willing to raise taxes on 98% of americans, while speaker boehner said it's the president when is unwilling to compromise. it's time now for our sunday group. bill crystal of the weekly standard. marcha liason and ed rollins and former democratic senator that you heard. >> each of them are saying they are being reasonable and it's the other side's fault. you have been through your share of washington negotiations. what strikes you about what you heard today? >> i think they both made their case well but i think geithner is in a stronger position in this respect. the president is the president. he can maneuver, he can say my $1.6 trillion and he can say $1.2 trillion. speaker boehner has 135 members. they don't hop to it when he decides to move. he's in a tougher position structurally. in these show downs the white house usually wins and the main reason they win is it's a unitary executive. and congress is in a weaker position. >> all
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